2024 401k Contribution Limits Chart. Here's an overview of all of the contribution limits the government imposes on 401 (k)s in 2023 and 2024. The 2024 contribution limit for 401 (k) plans is $23,000, or $30,500 for those 50 and older.

But there’s also a higher overall limit that includes any contributions your employer makes. For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.